Giuseppe Conte — News Archive

    Archives

Euro Rallies Against US Dollar Amid Falling US Bond Yields, Later Declines

The euro today rallied higher against the weaker US dollar boosted by bearish investor sentiment towards the world’s reserve currency. The EUR/USD currency pair rallied higher as markets reacted to falling US Treasury yields amid doubts about the trade ceasefire between the US and China.

Euro Rallies on Italian Budget Hopes, Declines on Weak German Data

The euro today rallied higher against the US dollar from the Asian session into the early European session on hopes that the Italian government would amend its budget plans. The EUR/USD currency pair later headed lower after the German IFO business survey data missed expectations and Mario Draghi‘s speech had no new insights.

Euro Holds On to Gains After EU Migration Deal Amid Strong US PCE Data

The euro today held on to its gains in the American session despite the release of strong US inflation data, which boosted the greenback. The EUR/USD currency pair has rallied significantly higher overnight after European leaders finally reached a deal on Migration at the EU Summit.

EUR/USD Rallies Higher on Mixed Eurozone Data, Later Declines

The EUR/USD currency pair today rallied higher in the early European session following the release of mixed PMI data from across the Eurozone by IHS Markit. The currency pair’s initial rally was further boosted by the weaker US dollar as tracked by the US Dollar Index whose recovery had stalled in the early European session.

Navigation

Menu